** China's Zhejiang Geely Holding Group said on
Wednesday it will not make a final bid for a stake in Fisker
Automotive Inc as it is not in line with its strategic
considerations.

** Canada's Valeant Pharmaceuticals International Inc
said it would buy Obagi Medical Products Inc
for about $344 million to boost its dermatology
business, pushing ahead with a strategy of rapid growth through
acquisitions.

** The Indian government will sell 240.4 million shares, or
a 5.82 percent stake, in state-owned Steel Authority of India
Ltd through an auction on March 22, the steel ministry
said on Wednesday.
Continued...